Berry Street and Healthify merge to ride the GLP-1 boom
US nutrition startup Berry Street has merged with India's Khosla Ventures-backed Healthify, betting on rising GLP-1 drug use, though the companies didn't disclose the deal's financial terms.
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Startups & Funding
801 storiesUS battery startups find a lifeline in defense
US battery startups, hurt by the elimination of EV incentives, are landing hundreds of millions in new Department of Energy grants tied to defense and supply-chain goals.
Letara raises $16M to expand beyond satellite thrusters
Japanese space startup Letara raised ¥2.6 billion (about $16 million) to expand from satellite thrusters into large rocket systems for the space, defense, and security markets.
AI accounting startup Rillet becomes a unicorn in 48 hours
Rillet raised $100 million at a $1 billion valuation in just 48 hours, driven by demand from companies ditching legacy accounting software.
Castelion hits $13B valuation to mass-produce hypersonic missiles
Castelion, a missile startup founded by former SpaceX executives, has raised a $1 billion Series C at a $13 billion valuation, co-led by Andreessen Horowitz, Carlyle, and JPMorgan Chase.
Early Cerebras backer Adit Singh joins Mayfield as infrastructure partner
Adit Singh, who helped lead Foundation Capital's early bet on chip startup Cerebras, has joined 57-year-old VC firm Mayfield as an infrastructure partner, drawn by its semiconductor portfolio.
a16z says AI is giving foreign founders an edge
Andreessen Horowitz says AI has given founders outside the U.S. an edge, citing a shift where international startups now land Fortune 500 clients early.
Stripe's real reason for buying OpenRouter: "the singularity"
Stripe confirmed it is buying AI model-routing startup OpenRouter, in a deal reportedly worth $7.5 billion according to sources who spoke to the New York Times.
Cognition CEO denies Bloomberg report of SpaceX acquisition bid
Bloomberg reported that Elon Musk's SpaceX tried to acquire AI coding startup Cognition, but Cognition CEO Scott Wu denied the report, saying the company "is not for sale" and that the two companies haven't been in talks.
AI accounting startup Rillet raises $100M Series C at $1B valuation
Rillet, an AI-driven accounting platform for finance teams, raised a $100 million Series C led by Iconiq at a $1 billion valuation, just two years after emerging from stealth.
Rivian spinout Also raises $150M Series D for autonomous delivery push
Micromobility startup Also, spun out of Rivian last year, raised a $150 million Series D led by Prysm Capital as it expands from e-bikes and cargo quads into autonomous delivery vehicles.
Sachin Bansal's Navi raises first outside capital, $100M from Prosus
Indian fintech Navi has raised $100 million from Prosus, the first institutional funding for the eight-year-old startup founded by Flipkart co-founder Sachin Bansal.
Reach Capital closes $265M Fund V to back 'human potential' AI
Reach Capital closed a $265 million Fund V to back AI founders in learning, health, and work, aiming to fund roughly 50 companies.
Detroit's Grounded raises $5M to customize electric and gas-powered vans
Detroit startup Grounded closed a $5 million seed round and opened a 50,000-square-foot Detroit manufacturing facility as it pivots to customizing both electric and gas-powered commercial vans.
Higgsfield raises $400M Series B at $5.4B valuation
AI video startup Higgsfield raised a $400 million Series B led by DST Global at a $5.4 billion valuation, quadrupling its valuation from eight months earlier.
Sonic Fire Tech raises $15M for sound-based fire suppression
Sonic Fire Tech raised a $15 million round led by The O.H.I.O. Fund, with Khosla Ventures participating, to test a sound-powered system it says can snuff out fires within seconds.
Terra Industries closes $52M seed to build African defense infrastructure
African defense tech company Terra Industries added $18 million to its seed round, bringing the total to $52 million, with investors including 8VC.
Wispr raises $280M at $2B valuation, expands past dictation
Wispr, maker of an AI dictation tool, raised $280 million in a Series B led by Menlo Ventures at a $2 billion valuation as it expands into meeting note-taking.
Stripe reportedly nearing $7B+ deal to acquire OpenRouter
Stripe has reportedly finalized a deal to acquire AI gateway startup OpenRouter for more than $7 billion, according to a Bloomberg report.
SpaceX officially closes its Cursor acquisition
SpaceX has completed its acquisition of AI coding startup Cursor, giving the company access to SpaceX's computing infrastructure, which it already rents to customers like Anthropic and Google.